I've been following the above three currencies and can't figure out WHY the Dollar has become progressively weaker against these three currencies since the beginning of 2006. Can anyone share some knowledgeable insight (rational and logical) to this situation, and perhaps explain it to me at a 6th grade level?? Thanks.
2006-11-30 19:38:08 · 2 answers · asked by Terry E 4 in Social Science ➔ Economics
China, & North Korea. North Korea is China's play toy in which the troll in charge there is only to happy to indulge his owners he ismass producing vast quatities of counterfeit dollars. China is a huge gigantic machine of industry that the US is no longer a part of we are a consumer nation. The dollar can only do one thing since it has no real importants(nothing to back it up) it can only slide!
2006-12-03 03:32:17 · answer #1 · answered by battle-ax 6 · 0⤊ 0⤋
because of the we have such a huge national debt to pay back is part of the reason... but ultimately we all live subjectively through one conscious and life is but a dream so it will come back around eventually and be stronger what goes around comes around! its all a dream and ultimately we are all one
2006-12-06 15:05:57 · answer #2 · answered by davil 1 · 0⤊ 0⤋